News

Retirement Planner's round-up of the top pension stories this week.

Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research.

Pensioners' incomes have grown faster since 1999 than those of working age people, the Institute for Fiscal Studies (IFS) has said.

Wrap platforms are potentially "misleading" advisers by claiming their cash accounts facilitate adviser charging, according to Skandia.

Sense Network has said it made a profit of £310,000 for the 12 months ended 31 May, an increase of almost 30% on the previous year.

Insurer Aviva's core protection products are to be made available to Tesco Bank customers after the companies agreed a five-year deal.

The Financial Services Authority (FSA) has publicly censured Kaupthing Singer and Friedlander Limited (KSFL) for failures in the assessment and reporting of its liquidity position in 2008.

Cyprus has told European authorities it intends to apply for a bailout, making the country the fifth eurozone country to request international aid.

Our pick from today's nationals...

Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.